Greyvest Capital Inc. - T.GFI- Profile

Greyvest Capital Inc.. The Group principal activities are to offer computer leasing, computer-rentals, asset management and used computer equipment brokerage, new and used computer sales through Good as New Computer retail outlets and technical services. The Group operates in the United States and Canada through its subsidiaries offering computer rentals and leasing operations and investments in marketable securities affiliates and certain other assets. The clients of the Group are major corporations, which use leasing and rental financing to avoid obsolescence and in order to maintain the computer systems. The subsidiaries of the Group are Greyvest Leasing Inc., Greyvest Canada Inc., Greyvest Technology Inc., Vernon Rental and Leasing Inc. and Vernon Computer Leasing Inc. Operating lease and rental accounted for 79% of 2000 revenues; Interest and other, 20% and Finance lease, 1%.